Oncologist and Bioethicist Dr. Ezekiel Emanuel:
"U.S. Must Stay Locked Down For 12-18 Months Until There's A Vaccine" - April 7, 2020
Mtl JP 20:42:21 GMT - 04/10/2020
The CNBC headlined piece quotes Quarles:
“Given the nature of this shock, there is every reason to believe that we come out on the other side of this with an economy that is essentially unharmed,”
Who wants to get rich taking a contra on Quarles ?
Mtl JP 20:27:07 GMT - 04/10/2020
Fed’s Mester Isn’t Worried Central Bank Has Broken Market Pricing Ability - WSJ
Mester Says:
Fed ‘Likely Not Done’ in Steps to Aid Economy - Bloomberg
Policymakers Want to Prevent 'Lasting Damage' to the Economy - NYT
Fed’s Quarles Says:
Main Street Facility Funds Couple Weeks Away - Bloomberg
Main Street lending program should be running in 2 or 3 weeks - CNBC
'Main Street' Loans Like Two to Three Weeks Off as Details Finalized - NYT
Mtl JP 15:26:36 GMT - 04/10/2020
Abel it does not matter which leg is the one with the energy
as long as the puppy runs in the correct direction
Jkt Abel 15:18:38 GMT - 04/10/2020
Jp, dx has more room to downside, so you maybe right. Problem is usdcad portion in dx composition is very small
Mtl JP 14:27:37 GMT - 04/10/2020
with respect to USDCAD
-
I am leaning towards the USD losing some footing
not necessarily today but over the s/term
in terms of USDCAD 1.4075 and 1.4125/50 would negate my view
on the down side trgt at 1.3950/00ish
USDCAD 1.3965
------------------
puppy sitting on daily supportline
not sure that technicals have much meaning as sporadic and by me unpredictable flows probably dominate. canadian crude fetching variably between 4 and 8 so what is the point of producing beyong strict minimum to keep machinery from rusting and seizing.
so far the bazookas are enough for an midsize vehicle for each US citizen, better give cars away so you create more than enough jobs. hello???
AT Trader john 20:14:57 GMT - 04/09/2020
Chatter the EU Finance Ministers "kicked the can" up to the EU leaders to decide on a joint bond issuance. Still waiting for Godot and details.
AT Trader john 20:05:15 GMT - 04/09/2020
Reports EU reached an agreement but that the meeting remained acrimonious. One has to wonder what the purpose of the EU is beyond giving a group of elites a soft job and steady paycheck. It unclear what else they do...
AT Trader john 19:52:53 GMT - 04/09/2020
Late Thursday
DJ: +241
SP: +33.8
2-yr 0.229% -2.7
Spread 10s-2s +49.5 (+50.3)
10-yr
US: 0.724% -0.4
UK: 0.306% +0.1
DE: -0.342% 0.0
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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